From FT Alphaville:
We interviewed Goldman’s Jan Hatzius yesterday about the 2012 outlook and a few other things for FT.com, but we’ve embedded below a longer version of the clip with only light edits (just enough to deal with the inexperienced host’s annoying tendency to um and ah)....MORE, including video
Beneath the clip (permanent link here) we’ve also included a time guide for those who want to go straight to a particular topic...
...00:00 – 01:45 — The Congressional stalemate on fiscal policy
01:46 – 03:43 — The US economy’s exposure to Europe
03:44 – 06:39 – What he thinks the Fed will do early next year, and he repeats his call for NGDP level targeting
06:40 – 10:07 — Follow-up question on NGDP targeting
10:08 – 12:12 — A look back at QE2 and monetary policy potency...
I am one sick puppy.
Ever since Kim Jong-Il died I can't get "The way we were" out of my head: